Term life insurance

The death of a family member is a life-altering experience. So is the death of a business associate. And when it comes to your business, it's important to minimize the impact of such an event.

Term life insurance can be used to help you:

• pay the deceased's income tax bill
• cover hiring costs to replace a key employee
• buy back the deceased's shares

Term life insurance is there to meet your short-term needs. It covers a set period of time, generally from 1 to 20 years, or even longer depending on your needs. Term life insurance is generally more affordable than permanent life insurance, which covers you for life.

It's the right choice for you if you own a business, have major start-up costs, and want to ensure that your business can continue to run smoothly.

Features

• Premiums can be fixed for the duration of the contract.
• Coverage can be extended without having to submit proof of good health.
• It can be combined with other coverages, such as:
  • critical illness insurance
  • disability insurance
  • healthcare insurance

Products

Vision Partner Buy-Out Coverage	Provides the cash you need to buy back your partner's shares in the event of disability or death.
Vision Death Coverage	Lets you choose the term that's right for you (7, 10, 12, 20 years, etc.).

	By e-mail	Fill out the form
	By phone	1-866-838-7661
	At the caisse	Make an appointment with a financial security advisor1 at a caisse.
	At a Desjardins Business Centre	Make an appointment with a financial security advisor at a Desjardins Business Centre.

These coverages are products of Desjardins Financial Security Life Assurance Company. In Ontario, they're distributed through Desjardins Financial Security Life Assurance Company, and in Quebec through Desjardins Financial Security, Financial Services Firm.

This webpage is for information purposes only. Only the policy and insurance application will be used to settle legal disputes. Some exclusions and restrictions apply.

1. Life and health insurance agent in Ontario. In Quebec, it refers to a financial security advisor employed by Desjardins Financial Security, Financial Services Firm and assigned to a Desjardins caisse.